Michael Barbella, Managing Editor03.08.24
Venus Concept Inc. has expanded its international distributor network by signing two new exclusive partnerships: Core Aesthetics Skin & Laser Limited (Core Aesthetics) in the United Kingdom and Spectra Medical Systems (Spectra) in India.
Both regions are high growth markets for the company and the execution of these agreements represents an important step towards driving international growth through strong distributor partnerships.
"We are excited to continue developing our distributor network in important markets. This transition allows us to leverage local expertise to grow our revenues in these regions and refocus our resources towards the U.S. and other profitable direct markets as we continue to execute on our restructuring efforts," Venus Concept CEO Rajiv De Silva said. “We look forward to working with the teams at Core Aesthetics and Spectra to build the Venus Concept business in the United Kingdom and India.”
Core Aesthetics established its roots in London. Its founder and CEO, Michael Dodd, was a former Venus Concept partner in the U.K. and helped successfully launch Venus Viva and distribute Venus Legacy and Venus Versa within the region. “We take immense pride in our association with Venus Concept, renowned for its high-quality, state-of-the-art devices,” Dodd stated. “Our journey with the Venus Concept brand has been marked by a commitment to excellence and a dedication to providing our clients with the most advanced aesthetic solutions available.”
Core Aesthetics brings years of industry experience and a reputation as a trusted distributor. “Spectra is thrilled to be the exclusive distributor for Venus Concept’s products in India,” Spectra Medical Systems Managing Director Ramamoorthy Sundraram said. “The aesthetic industry in the region continues to grow rapidly and Venus Concept’s brand and product portfolio of energy-based and hair restoration devices will be a perfect fit for clinics looking to provide best-in-class results to customers.”
Spectra has extensive experience distributing for major global aesthetic brands and will enable Venus Concept’s diverse portfolio to reach clinics and doctors throughout the region. Spectra will assume the responsibility of providing customer and technical support and handling all aspects of commercial operations, including sales, marketing, post-sale support and customer education.
Venus Concept has a broad product portfolio of minimally invasive and non-invasive medical aesthetic and hair restoration technologies and reach in more than 60 countries and 14 direct markets. Venus Concept's product portfolio consists of aesthetic device platforms, including Venus Versa, Venus Legacy, Venus Velocity, Venus Fiore, Venus Viva, Venus Glow, Venus Bliss, Venus BlissMAX, Venus Epileve, Venus Viva MD and AI.ME. Venus Concept's hair restoration systems include NeoGraft and the ARTAS iX Robotic Hair Restoration system. Venus Concept has been backed by healthcare industry growth equity investors including EW Healthcare Partners (formerly Essex Woodlands), HealthQuest Capital, Longitude Capital Management, Aperture Venture Partners, and Masters Special Situations.
Core Aesthetics Skin & Laser Limited provides aesthetic solutions and has extensive experience working with Venus Concept in the United Kingdom.
Spectra Medical Systems is a medical equipment distributor based in Chennai, India, with branch offices throughout the entire country and more than 125 dedicated sales personnel. The firm embraces and promotes brands, scientifically advanced and high-end technologies that help doctors create a healthier, happier, and intelligent skin care future. Spectra has successfully introduced various technologies in the industry that have been used by thousands of clinics and doctors in India and neighboring countries over the past decades.
Both regions are high growth markets for the company and the execution of these agreements represents an important step towards driving international growth through strong distributor partnerships.
"We are excited to continue developing our distributor network in important markets. This transition allows us to leverage local expertise to grow our revenues in these regions and refocus our resources towards the U.S. and other profitable direct markets as we continue to execute on our restructuring efforts," Venus Concept CEO Rajiv De Silva said. “We look forward to working with the teams at Core Aesthetics and Spectra to build the Venus Concept business in the United Kingdom and India.”
Core Aesthetics established its roots in London. Its founder and CEO, Michael Dodd, was a former Venus Concept partner in the U.K. and helped successfully launch Venus Viva and distribute Venus Legacy and Venus Versa within the region. “We take immense pride in our association with Venus Concept, renowned for its high-quality, state-of-the-art devices,” Dodd stated. “Our journey with the Venus Concept brand has been marked by a commitment to excellence and a dedication to providing our clients with the most advanced aesthetic solutions available.”
Core Aesthetics brings years of industry experience and a reputation as a trusted distributor. “Spectra is thrilled to be the exclusive distributor for Venus Concept’s products in India,” Spectra Medical Systems Managing Director Ramamoorthy Sundraram said. “The aesthetic industry in the region continues to grow rapidly and Venus Concept’s brand and product portfolio of energy-based and hair restoration devices will be a perfect fit for clinics looking to provide best-in-class results to customers.”
Spectra has extensive experience distributing for major global aesthetic brands and will enable Venus Concept’s diverse portfolio to reach clinics and doctors throughout the region. Spectra will assume the responsibility of providing customer and technical support and handling all aspects of commercial operations, including sales, marketing, post-sale support and customer education.
Venus Concept has a broad product portfolio of minimally invasive and non-invasive medical aesthetic and hair restoration technologies and reach in more than 60 countries and 14 direct markets. Venus Concept's product portfolio consists of aesthetic device platforms, including Venus Versa, Venus Legacy, Venus Velocity, Venus Fiore, Venus Viva, Venus Glow, Venus Bliss, Venus BlissMAX, Venus Epileve, Venus Viva MD and AI.ME. Venus Concept's hair restoration systems include NeoGraft and the ARTAS iX Robotic Hair Restoration system. Venus Concept has been backed by healthcare industry growth equity investors including EW Healthcare Partners (formerly Essex Woodlands), HealthQuest Capital, Longitude Capital Management, Aperture Venture Partners, and Masters Special Situations.
Core Aesthetics Skin & Laser Limited provides aesthetic solutions and has extensive experience working with Venus Concept in the United Kingdom.
Spectra Medical Systems is a medical equipment distributor based in Chennai, India, with branch offices throughout the entire country and more than 125 dedicated sales personnel. The firm embraces and promotes brands, scientifically advanced and high-end technologies that help doctors create a healthier, happier, and intelligent skin care future. Spectra has successfully introduced various technologies in the industry that have been used by thousands of clinics and doctors in India and neighboring countries over the past decades.